Chinese cleantech firms outperforming U.S. and Europe

BEIJING (Reuters) - China has outperformed Western countries in new energy and other clean technologies thanks to its focus on commercialization, rather than the technology itself, said Melissa Guzy, China managing director of VantagePoint Venture Partners (VPVP).

"In China there is a very practical view of investment in companies in the private sector, and that is also how the public sector views new technology and its implementation," she told Reuters in an interview in Beijing during the launch of VPVP's new China Low Carbon Index (www.chinalowcarbonindex.org/).